Bill Introduced To Crack Down On Corporate Investors Who Profit From Buying Homes
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Bill Introduced To Crack Down On Corporate Investors Who Profit From Buying Homes

By KIMBERLEY HAAS Democratic lawmakers introduced a bill this week that would restrict tax breaks for corporate investors that purchase large quantities of homes. If passed, the Stop Predatory Investing Act would prohibit investors who acquire 50 or more single-family homes for rental purposes from deducting interest or depreciation on those properties. U.S. Sen. Sherrod Brown (D-Ohio),…

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